BMW 1-Series Forum (F20) 135i - 1Addicts.com > BIMMERPOST Universal Forums > General BMW News and Cars Discussion > BMW at an auction
Post Reply
 
Thread Tools Search this Thread
      04-28-2012, 01:28 PM   #1
Prazision
Second Lieutenant
56
Rep
243
Posts

Drives: 2011 BMW 328xi Wagon
Join Date: Mar 2011
Location: NH

iTrader: (1)

BMW at an auction

As title states,

Looking to purchase a vehicle that was previously sold at an auction.
Reports say it is clean carfax, however, usually that is a red flag that the
vehicle was in fact sold at an auction.
That being said, how much can one trust that this vehicle is in 100% good shape. It is being sold at a dealership(obviously that is taken with a grain of salt). How likely is it that the car is completely unmolested. Any insight to this would be very helpful.

Regards,
Prazision
Appreciate 0
      04-28-2012, 01:34 PM   #2
ken1137
Brigadier General
ken1137's Avatar
United_States
89
Rep
3,732
Posts

Drives: BMW S1000XR
Join Date: Jun 2011
Location: Gilbert, AZ

iTrader: (7)

Garage List
2009 e90 335i  [6.40]
135i? Most are driven hard but many cars are auctioned for several different reasons. I would recommend paying a local indy (some that works on BMWs) for a pre-purchase inspection (PPI) if there is an opportunity to do so. GL.
__________________

BMWCCA member
Appreciate 0
      04-28-2012, 01:40 PM   #3
PINeely
Lieutenant Colonel
PINeely's Avatar
United_States
1086
Rep
1,912
Posts

Drives: 2013 535i, 2015 Tundra 1794
Join Date: Jul 2009
Location: Jackson, MS

iTrader: (2)

Cars being sold at auction aren't necessarily beaten on. It may have just been repossessed or seized.
Appreciate 0
      04-28-2012, 02:13 PM   #4
Daemonblitz
Commander
Daemonblitz's Avatar
219
Rep
850
Posts

Drives: Z4MC/M5/640iX/M1000RR
Join Date: Nov 2010
Location: Aurora, ON, Canada

iTrader: (6)

Garage List
2008 BMW M5  [9.50]
2006 Z4M Coupe  [8.77]
2010 BMW S1000RR  [10.00]
Off-lease cars usually go to auction too. The dealer it was returned to gets dibs on buying it but if they don't, it goes up for auction between BMW dealers. If it doesn't sell here it goes up for auction again to other dealers.
Appreciate 0
      04-28-2012, 06:03 PM   #5
Ammonia
Captain
Ammonia's Avatar
United_States
37
Rep
747
Posts

Drives: 440i GC
Join Date: Mar 2012
Location: Wilmington NC

iTrader: (4)

Used vehicles that are on our lot for longer than 60 days get sent to auction too. Sometimes, vehicles that would take too much money to certify or make legal-to-drive also worm their ways to the auction.
Appreciate 0
      04-28-2012, 07:00 PM   #6
az34
Major
az34's Avatar
Canada
54
Rep
1,014
Posts

Drives: 2009 z4sdrive35i 2008 x5 3.0i
Join Date: May 2011
Location: montréal

iTrader: (0)

not for me. theres so many cars on the market i would stay away of auction cars. Go whit a private seller is my advice.
Appreciate 0
      04-29-2012, 09:59 AM   #7
Prazision
Second Lieutenant
56
Rep
243
Posts

Drives: 2011 BMW 328xi Wagon
Join Date: Mar 2011
Location: NH

iTrader: (1)

actually it was a e36 m3, i'm really looking for a light, 6 speed vehicle. 135 would be my ideal car, however finding one with <40k miles under 25k is going to be tough. I'm basically looking to purchase a car outright. No monthly payments = more mods!!!!!
Appreciate 0
      04-29-2012, 10:02 AM   #8
Prazision
Second Lieutenant
56
Rep
243
Posts

Drives: 2011 BMW 328xi Wagon
Join Date: Mar 2011
Location: NH

iTrader: (1)

appreciate the feedback guys.
Appreciate 0
      04-29-2012, 11:36 AM   #9
ken1137
Brigadier General
ken1137's Avatar
United_States
89
Rep
3,732
Posts

Drives: BMW S1000XR
Join Date: Jun 2011
Location: Gilbert, AZ

iTrader: (7)

Garage List
2009 e90 335i  [6.40]
Quote:
Originally Posted by Prazision View Post
actually it was a e36 m3, i'm really looking for a light, 6 speed vehicle. 135 would be my ideal car, however finding one with <40k miles under 25k is going to be tough. I'm basically looking to purchase a car outright. No monthly payments = more mods!!!!!
Nice! if you are willing to travel Enthusiast Auto Group in Cincinnati always has a few e36s and they seem to repair or replace whats necessary prior to listing them for sale. GL

http://www.enthusiastauto.com/
__________________

BMWCCA member

Last edited by ken1137; 04-29-2012 at 11:46 AM.. Reason: changing url
Appreciate 0
      04-29-2012, 02:32 PM   #10
Jumbosock
Captain
Jumbosock's Avatar
75
Rep
987
Posts

Drives: 2007 M coupe
Join Date: Apr 2011
Location: San Diego

iTrader: (0)

As previously stated there are many reasons a car can go on auction that have nothing to do with the car having a problem. My current BMW was at an auction. I think it was a repo. As long as you get it checked out it should be fine.
Appreciate 0
      04-30-2012, 01:15 PM   #11
Prazision
Second Lieutenant
56
Rep
243
Posts

Drives: 2011 BMW 328xi Wagon
Join Date: Mar 2011
Location: NH

iTrader: (1)

I have taken a look at those guys. Seem to offer great service and very well chosen inventory. However, their price also seems to reflect that. I'm looking for something more of a bargain.



Quote:
Originally Posted by ken1137 View Post
Nice! if you are willing to travel Enthusiast Auto Group in Cincinnati always has a few e36s and they seem to repair or replace whats necessary prior to listing them for sale. GL

http://www.enthusiastauto.com/
Appreciate 0
      04-30-2012, 01:47 PM   #12
tamana
Private
0
Rep
51
Posts

Drives: nids
Join Date: Mar 2012
Location: veren

iTrader: (0)

The dealer it was returned to gets dibs on buying it but if they don't, it goes up for auction between BMW dealers.
Appreciate 0
      05-01-2012, 06:26 PM   #13
ken1137
Brigadier General
ken1137's Avatar
United_States
89
Rep
3,732
Posts

Drives: BMW S1000XR
Join Date: Jun 2011
Location: Gilbert, AZ

iTrader: (7)

Garage List
2009 e90 335i  [6.40]
Quote:
Originally Posted by Prazision View Post
I have taken a look at those guys. Seem to offer great service and very well chosen inventory. However, their price also seems to reflect that. I'm looking for something more of a bargain.
You may want to at least provide them with your target $ and specs...I believe they have a questionnaire on their site. Ya never know what they will find. GL...love the e36.
__________________

BMWCCA member
Appreciate 0
      05-01-2012, 10:07 PM   #14
NorthernDancer
Colonel
843
Rep
2,266
Posts

Drives: 08 Sedona 128 & 06 330xiT 6MT
Join Date: Apr 2011
Location: Ottawa On Canada

iTrader: (3)

NO to auction

Agree with az34. Mike Miller also recommends private sale. Any E36 at an auction is going to be rough. I know, I work at an auction. Forget "saving" money for mods-buy the best damn car you can. If you do, you won't have to spend a bundle on it to get it up to spec. E36 M3's in the Roundel are minimum $9K but that will get a well looked after car. I remember seeing the 3 and 4 year old lease returns come into auction. DEFINITELY not looked after: dirty, curb rash, oil as black as soot-really ugly.
Appreciate 0
      05-02-2012, 02:15 PM   #15
Prazision
Second Lieutenant
56
Rep
243
Posts

Drives: 2011 BMW 328xi Wagon
Join Date: Mar 2011
Location: NH

iTrader: (1)

looks like for now i am best off wait for pp or a gem at a lot....
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 04:26 AM.




1addicts
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST